December 23, 2014, 4:37 am
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1 Philippine Peso = 0.08209 UAE Dirham
1 Philippine Peso = 2.55358 Albanian Lek
1 Philippine Peso = 0.04 Neth Antilles Guilder
1 Philippine Peso = 0.19112 Argentine Peso
1 Philippine Peso = 0.02735 Australian Dollar
1 Philippine Peso = 0.04 Aruba Florin
1 Philippine Peso = 0.0447 Barbados Dollar
1 Philippine Peso = 1.72804 Bangladesh Taka
1 Philippine Peso = 0.03561 Bulgarian Lev
1 Philippine Peso = 0.00843 Bahraini Dinar
1 Philippine Peso = 35.08772 Burundi Franc
1 Philippine Peso = 0.02235 Bermuda Dollar
1 Philippine Peso = 0.0294 Brunei Dollar
1 Philippine Peso = 0.15443 Bolivian Boliviano
1 Philippine Peso = 0.05917 Brazilian Real
1 Philippine Peso = 0.02235 Bahamian Dollar
1 Philippine Peso = 1.41435 Bhutan Ngultrum
1 Philippine Peso = 0.21274 Botswana Pula
1 Philippine Peso = 245.83752 Belarus Ruble
1 Philippine Peso = 0.04459 Belize Dollar
1 Philippine Peso = 0.02592 Canadian Dollar
1 Philippine Peso = 0.02192 Swiss Franc
1 Philippine Peso = 13.69214 Chilean Peso
1 Philippine Peso = 0.139 Chinese Yuan
1 Philippine Peso = 51.51414 Colombian Peso
1 Philippine Peso = 11.91273 Costa Rica Colon
1 Philippine Peso = 0.02235 Cuban Peso
1 Philippine Peso = 2.0095 Cape Verde Escudo
1 Philippine Peso = 0.50317 Czech Koruna
1 Philippine Peso = 3.97855 Djibouti Franc
1 Philippine Peso = 0.13544 Danish Krone
1 Philippine Peso = 0.98849 Dominican Peso
1 Philippine Peso = 1.95083 Algerian Dinar
1 Philippine Peso = 0.28485 Estonian Kroon
1 Philippine Peso = 0.15986 Egyptian Pound
1 Philippine Peso = 0.45088 Ethiopian Birr
1 Philippine Peso = 0.01821 Euro
1 Philippine Peso = 0.04455 Fiji Dollar
1 Philippine Peso = 0.01422 Falkland Islands Pound
1 Philippine Peso = 0.01429 British Pound
1 Philippine Peso = 0.07177 Ghanaian Cedi
1 Philippine Peso = 0.96324 Gambian Dalasi
1 Philippine Peso = 157.11253 Guinea Franc
1 Philippine Peso = 0.17013 Guatemala Quetzal
1 Philippine Peso = 4.63091 Guyana Dollar
1 Philippine Peso = 0.17333 Hong Kong Dollar
1 Philippine Peso = 0.47011 Honduras Lempira
1 Philippine Peso = 0.13955 Croatian Kuna
1 Philippine Peso = 1.04415 Haiti Gourde
1 Philippine Peso = 5.76042 Hungarian Forint
1 Philippine Peso = 277.6165 Indonesian Rupiah
1 Philippine Peso = 0.08773 Israeli Shekel
1 Philippine Peso = 1.41446 Indian Rupee
1 Philippine Peso = 25.67773 Iraqi Dinar
1 Philippine Peso = 603.59817 Iran Rial
1 Philippine Peso = 2.8278 Iceland Krona
1 Philippine Peso = 2.5547 Jamaican Dollar
1 Philippine Peso = 0.01587 Jordanian Dinar
1 Philippine Peso = 2.66602 Japanese Yen
1 Philippine Peso = 2.02023 Kenyan Shilling
1 Philippine Peso = 1.28729 Kyrgyzstan Som
1 Philippine Peso = 90.76321 Cambodia Riel
1 Philippine Peso = 8.96484 Comoros Franc
1 Philippine Peso = 20.11398 North Korean Won
1 Philippine Peso = 24.57258 Korean Won
1 Philippine Peso = 0.00654 Kuwaiti Dinar
1 Philippine Peso = 0.01833 Cayman Islands Dollar
1 Philippine Peso = 4.06995 Kazakhstan Tenge
1 Philippine Peso = 180.73751 Lao Kip
1 Philippine Peso = 33.81383 Lebanese Pound
1 Philippine Peso = 2.93429 Sri Lanka Rupee
1 Philippine Peso = 1.8895 Liberian Dollar
1 Philippine Peso = 0.25989 Lesotho Loti
1 Philippine Peso = 0.06286 Lithuanian Lita
1 Philippine Peso = 0.01281 Latvian Lat
1 Philippine Peso = 0.02676 Libyan Dinar
1 Philippine Peso = 0.20036 Moroccan Dirham
1 Philippine Peso = 0.34976 Moldovan Leu
1 Philippine Peso = 1.12147 Macedonian Denar
1 Philippine Peso = 23.05509 Myanmar Kyat
1 Philippine Peso = 42.12761 Mongolian Tugrik
1 Philippine Peso = 0.17854 Macau Pataca
1 Philippine Peso = 6.49626 Mauritania Ougulya
1 Philippine Peso = 0.70511 Mauritius Rupee
1 Philippine Peso = 0.34373 Maldives Rufiyaa
1 Philippine Peso = 10.77662 Malawi Kwacha
1 Philippine Peso = 0.32442 Mexican Peso
1 Philippine Peso = 0.07762 Malaysian Ringgit
1 Philippine Peso = 0.25989 Namibian Dollar
1 Philippine Peso = 4.18929 Nigerian Naira
1 Philippine Peso = 0.59349 Nicaragua Cordoba
1 Philippine Peso = 0.16418 Norwegian Krone
1 Philippine Peso = 2.26296 Nepalese Rupee
1 Philippine Peso = 0.02877 New Zealand Dollar
1 Philippine Peso = 0.0086 Omani Rial
1 Philippine Peso = 0.02235 Panama Balboa
1 Philippine Peso = 0.06571 Peruvian Nuevo Sol
1 Philippine Peso = 0.05762 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.24796 Pakistani Rupee
1 Philippine Peso = 0.07776 Polish Zloty
1 Philippine Peso = 103.59169 Paraguayan Guarani
1 Philippine Peso = 0.08138 Qatar Rial
1 Philippine Peso = 0.08146 Romanian New Leu
1 Philippine Peso = 1.3337 Russian Rouble
1 Philippine Peso = 15.43189 Rwanda Franc
1 Philippine Peso = 0.0839 Saudi Arabian Riyal
1 Philippine Peso = 0.16996 Solomon Islands Dollar
1 Philippine Peso = 0.31655 Seychelles Rupee
1 Philippine Peso = 0.12728 Sudanese Pound
1 Philippine Peso = 0.17262 Swedish Krona
1 Philippine Peso = 0.02939 Singapore Dollar
1 Philippine Peso = 0.01429 St Helena Pound
1 Philippine Peso = 0.49628 Slovak Koruna
1 Philippine Peso = 95.5414 Sierra Leone Leone
1 Philippine Peso = 15.83529 Somali Shilling
1 Philippine Peso = 446.47447 Sao Tome Dobra
1 Philippine Peso = 0.19546 El Salvador Colon
1 Philippine Peso = 3.92893 Syrian Pound
1 Philippine Peso = 0.25989 Swaziland Lilageni
1 Philippine Peso = 0.73452 Thai Baht
1 Philippine Peso = 0.04168 Tunisian Dinar
1 Philippine Peso = 0.04351 Tonga Pa'ang
1 Philippine Peso = 0.05198 Turkish Lira
1 Philippine Peso = 0.14195 Trinidad Tobago Dollar
1 Philippine Peso = 0.70343 Taiwan Dollar
1 Philippine Peso = 37.94726 Tanzanian Shilling
1 Philippine Peso = 0.35352 Ukraine Hryvnia
1 Philippine Peso = 61.90636 Ugandan Shilling
1 Philippine Peso = 0.02235 United States Dollar
1 Philippine Peso = 0.53503 Uruguayan New Peso
1 Philippine Peso = 53.94927 Uzbekistan Sum
1 Philippine Peso = 0.14192 Venezuelan Bolivar
1 Philippine Peso = 477.98637 Vietnam Dong
1 Philippine Peso = 2.33389 Vanuatu Vatu
1 Philippine Peso = 0.05441 Samoa Tala
1 Philippine Peso = 11.95311 CFA Franc (BEAC)
1 Philippine Peso = 0.06034 East Caribbean Dollar
1 Philippine Peso = 11.95311 CFA Franc (BCEAO)
1 Philippine Peso = 2.17451 Pacific Franc
1 Philippine Peso = 4.80612 Yemen Riyal
1 Philippine Peso = 0.25949 South African Rand
1 Philippine Peso = 115.97944 Zambian Kwacha
1 Philippine Peso = 8.08805 Zimbabwe dollar

US okays deal making biggest miller bigger

WASHINGTON - ConAgra Foods Inc, Cargill Inc and CHS Inc won U.S. antitrust approval on Tuesday to merge their North American flour mill operations after agreeing to sell four mills to a Japanese company.
 
The companies had announced in March 2013 that ConAgra Foods Inc would join Horizon Milling, a joint venture of Cargill Inc. and CHS Inc that is the largest flour miller in America. CHS is owned by farmers and cooperatives. The combined company will be called Ardent Mills.
 
Horizon Milling is already the largest U.S. flour miller, Archer Daniels Midland is the second-largest and ConAgra is No. 3.
 
To secure Justice Department approval, the grain and food-handling companies agreed to sell four mills to Miller Milling Co, a U.S.-based unit of Tokyo-based Nisshin Flour Milling Inc, which is a subsidiary of Nisshin Seifun Group Inc.
 
The mills to be sold are Horizon’s facility in Los Angeles and ConAgra’s facilities in Oakland, California; Saginaw, Texas; and New Prague, Minnesota.
 
“Without the Antitrust Division’s required divestitures, the creation of Ardent Mills would have resulted in less competition in the sale of wheat flour, resulting in customers, such as industrial bakers and food service companies, paying higher prices for wheat flour,” said Renata Hesse, a deputy assistant attorney general at the Antitrust Division.
 
The three companies are pleased with the approval, and the new entity will begin operations around the end of May, the companies said in a joint release. Under agreement with the Justice Department, this cannot be done until the four mills are sold.
 
“We strongly believe in the merits of this transaction and the benefits it will bring to customers, consumers, wheat suppliers, shareholders and employees,” said Paul Maass, president of Private Brands and Commercial Foods for ConAgra Foods.
 
Patrick Woodall of Food and Water Watch, which has asked for the deal to be blocked, said the required asset sale was inadequate since Ardent would have five of seven mills in the northeastern United States, between Boston and northern Pennsylvania.
 
And even with the divestiture of a Minnesota mill, Ardent will still have half of the flour mills in the St. Paul-Minneapolis area, he said.
 
Horizon, which is owned by Cargill and CHS, has 20 mills that can produce about 27 million pounds of flour a day while ConAgra’s 21 mills can produce 23 million pounds of flour, the Justice Department said in a court filing.
 
In afternoon U.S. trading, Conagra shares were down 0.4 percent and CHS shares were down 0.2 percent. 
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Column of the Day

More Christmas scams, by insistent public demand

By ROMEO Y. LIM | December 23,2014
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‘To prevent becoming a victim of box burglars, you could require signature on delivery for anything you order and ask anyone you expect to be sending you things to do the same.’

Opinion of the Day

Exports and OFWs

By AMADO P. MACASAET | December 23, 2014
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‘We really have not found our bearings in trying to develop the economy on a sustained basis.’